looks like its hit oil, don't know whats gonna happen, any idea's ???

Niels Hi,
Thanks :)
I don't hold any PDX
I have put a message on YOO for you !
How much does a rig cost to buy ?
Any chance they could get one from another company drilling IOM or east England (Hereward ?) ?
Cheers,
PM

Hi Paul,

Pity about PDX. They are still cheap considering the potential. At 200+ they still look good. Requires a lot of research to make up ones mind. Thanks for the YOO msg.

I would think, without knowing, that you can buy a rig for peanuts, just a bunch of steel. However, I think this is about people; you need to know how to put it up, you need the guys to operate it etc. Highly skilled specialists are rare in any industry where demand outweighs supply.

As far as I know Hereward do not own any rigs, I assume you are talking about Oil Quest (same thing).

Niels.

Embargoed Release: 0715hrs
04 July 2005
Northern
Petroleum Plc

("Northern"
or "the Company")

Final
Decree of Two Itali an licences

Northern is pleased to advise
shareholders that ATI Oil Plc
("ATI"), its joint
venture partner in Italy, has
today announced the final
decree of a further two
Italian licences in which
Northern has a 50% interest.
The full text of the ATI
release is as follows:
"ATI is pleased to announce that
it has been advised by its
partner, Northern
Petroleum (UK) Limited ("NPUK"),
that the Italian authorities,
having accepted
the required environmental
impact studies, have is sued
the final decree of a
further two Italian licences in
which ATI has a 50% interest.
The licences confirmed are the
re-designated G.R18.NP
(formerly d19GR.-NP) and
G.R19.NP (formerly d20GR.-NP),
both of which are located
offshore adjacent to
the re cently decreed licence G.
R17.NP and close to the Tunisian
boundary, in
the west of the productive
Sicilian oil province.
A strategic move has been
undertaken to license the 2850
sq km area in these
three licences covering the
Apennine-Maghreb thrust be lt
offshore in Italian
waters, believed to offer the
potential for finding very
large fields. To the
east, this thrust belt contains
the giant Val d'Agri oil field
in the southern
Appenines and the more than 1tcf
Gagliano gas and condensate
field in cen tral
Sicily. To the west in Algeria
is the Tellian fold belt, where
it is known as
the Atlas thrust belt.
Finance Director, Chris Foss,
commented:
ATI is delighted to have
received the final decrees of
these two licences that
are adjacent to the recen tly
decreed G.R17.NP licence. A
speculative 2-D
seismic survey was recently
undertaken by PGS over the same
thrust belt in the
adjacent Tunisian waters. Our
work on reprocessing existing
seismic data
continues, and the joint venture
is considering the r ecording
of new trial
seismic lines if, as
anticipated, PGS records a 3-D
survey over the offshore
Tunisian part of the thrust
belt."
Further enquiries:
Northern Petroleum Plc
Graham Heard, Exploration
Manager
Chris Foss, Company Secretary
Tel: 020 7743 6080
Hansard Communications
Chris Roberts/Ben Simons
Tel: 020 7245 1100
Further information on Northern
Petroleum Plc is available via
our website,
www.northpet.com
END.

masterson you prat will you stop that bloody spamming- post the adress you nitwit

reprted to abuse-again

seqestor filtered, you are such a pillock, RNS is a COMPANY ANNOUNCEMENT, copyright is of NO RELEVANCE

LOL !

seqestor makes out he knows about the stockmarket, but deoesn't even know the difference between a company RNS, and an AFX :)))))))))))))))))))

rotflmao !!!!

600,000 buy at the end too !!!!

NOP up nicely today, hit a peak of 14.5p before dropping back a bit to 14p, up 4.7%, but looking better again as we head towards IOW drilling in 2 weeks time.

Also the deals like Holland, and the nice licences last week, show this company is moving fast towards big things, and I think there is a lot of upside to be realised.

Cheers,
PM

I posted the following on other websites yesterday morning after I'd spoken to the Planning Office on the IOW. I thought readers here would be interested - especially NeilsJensen.
=================QUOTE=========
Just got off the phone from a very helpful IOW Planning Officer. As promised here is the outcome:

Planning matters are proceeding well[!] and the application for the drilling of Sandhills-3 [Application ref: P/00390/05] should be approved shortly, together with extensions to the dates for the Sandhills-2 borehole [P/00924/04] and Bouldnor Copse [P/01573/04].

So we should soon have an announcement from NOP regarding revised planning dates. [Hopefully accompanied by the arrival of Rig#28 on site - but that's just me wishing!!!]

PeterG
==============UNQUOTE===================

Peter Hi,

Nice one, well(pun!) done, good effort :)

Cheers,
PM

Hi All,

NOP far to go until IOW drilling starts, with the '3 week' notice being 1 week ago today, that leaves 2 weeks to go.

You can't win it, if your not in it.

Cheers,
PM

.

That's the second time you talk about an "IOM drilling"; what is it?

Niels Hi,

It means I keep getting my IOW and IOM mixed up :))))

Thats what comes from having an office in IOM !

LOL !!!!
PM

P.S. Profile updated :)

Hi All,

A good day for NOP, lots of buying, and a few percent up.

Countdown is 2 weeks to drill rig in IOW :)

Cheers,
PM

Paul.


Are you on drugs? You "sound" awfully like a certain manic poster on the afd threads at advfn a little while ago.

Max Hi,

No, and no.

Cheers,
PM